National Bank of Canada FI Has $1.79 Million Holdings in Endeavour Silver Corp. (NYSE:EXK)

National Bank of Canada FI boosted its stake in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 453,869 shares of the mining company’s stock after buying an additional 15,075 shares during the quarter. National Bank of Canada FI’s holdings in Endeavour Silver were worth $1,788,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Van ECK Associates Corp boosted its stake in shares of Endeavour Silver by 2.7% in the 3rd quarter. Van ECK Associates Corp now owns 25,125,455 shares of the mining company’s stock valued at $98,994,000 after purchasing an additional 658,215 shares in the last quarter. TD Asset Management Inc acquired a new position in Endeavour Silver in the second quarter valued at about $9,452,000. U S Global Investors Inc. bought a new stake in Endeavour Silver during the third quarter worth about $1,382,000. Quest Partners LLC acquired a new stake in shares of Endeavour Silver during the third quarter worth approximately $964,000. Finally, Perritt Capital Management Inc raised its stake in shares of Endeavour Silver by 11.6% in the second quarter. Perritt Capital Management Inc now owns 235,825 shares of the mining company’s stock valued at $830,000 after acquiring an additional 24,533 shares during the last quarter. 20.06% of the stock is currently owned by institutional investors.

Endeavour Silver Stock Down 4.4 %

NYSE:EXK opened at $3.92 on Friday. The stock’s fifty day simple moving average is $4.59 and its 200-day simple moving average is $4.01. The firm has a market capitalization of $1.03 billion, a P/E ratio of -30.08 and a beta of 1.62. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Endeavour Silver Corp. has a 12-month low of $1.42 and a 12-month high of $5.67.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its earnings results on Tuesday, November 5th. The mining company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The company had revenue of $53.40 million for the quarter, compared to analyst estimates of $54.91 million. During the same period last year, the business posted ($0.04) earnings per share. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. Equities research analysts expect that Endeavour Silver Corp. will post -0.08 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on EXK. Ventum Cap Mkts upgraded Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. Alliance Global Partners raised their price objective on shares of Endeavour Silver from $5.25 to $6.25 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research report on Wednesday, November 6th. HC Wainwright reissued a “buy” rating and issued a $7.25 target price on shares of Endeavour Silver in a research note on Monday, December 2nd. Finally, TD Securities started coverage on Endeavour Silver in a report on Friday, November 29th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $6.63.

About Endeavour Silver

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.